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20121227
20121227
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Search Results 0 to 13 of about 14 (some duplicates have been removed)
, that the u.s. house of representatives has acted. we're waiting for the senate to act and i believe that as soon as they act we'll be back in town to find some forge -- some pathway forward. >> well, a senior white house official told cnn tonight to that point, they said we believe strongly a reasonable package can get majorities in both houses. the only thing that would prevent it is if speaker mcconnell and speaker boehner don't cooperate. do you think mcconnell and boehner are in the mood to cooperate with president obama? >> i do believe they're in a mood to cooperate. they've talked -- and speaker boehner's talked for a long time about a grand bargain, about a big deal, about trying to find some major solution going forward. but the senate hasn't acted on anything, so i think we have to be careful on just placing the blame on mcconnell or boehner. without adding in to this mix, senator harry reid who is running the senate and have failed to act on anything yet. >> will you support whatever short-term deal the republican leadership supports? >> i don't know what i'm going to sup
the markets pull back more to crystallize what this could mean for the u.s. economy to members of congress. we didn't see that. it is a numbers game though in terms of what will happen. we know need 60 votes to clear a fill buster in the senate. seven republicans need to go along a lot of jockeying that needs to be done, even if we have a deal put forth. >> interesting what the market is pricing in. we thought the market wanted a grand deal. clearly, dennis you willing to put up with a band-aid. >> i have been surprised how static it has been, the stock and the bond markets, carl. i think the market, i think, has internalized that idea we are just going to shuffle along for a period, the beginning of january. then for another six to nine months. the bigger question really becomes beyond the equity market in particular, becomes the real functioning economy of this country. we are going to be stuck again. we went through sandy, that was a natural disaster, to think that all this really is man made, still boggles the mind. >> sickening. especially with claims back to 350, decent number this morni
saying the differences in the u.s. congress over the fiscal cliff could be settled if. that's what he's really saying in this press conference in damascus. the elements are there under plan world powers agreed to back in jeune. but, of course, getting agreement if there fr. the assad side and the rebels the and the government, that's a tall order. he's an experienced negotiator. there seems to be some momentum with a flurry of talks and shuttle-type dip ploemmy but he still said and lamented syria is deteriorating rapidly. and as he said there's no u.s./russian plan. there may be discussions on options. can will there a transitional government formed and then elections but we're still not at that stage yet, suzanne. >> do we think he's bringing anything to the table that kofi annan did not who failed in brings these sides together? >> yes. and in failed, it may be a matter of timing. certainly the matter of violence has an eastbound. 40,000 report lid dead. brahimi has not had that success either but he's plugging away. he's been the man in the field from the u.n. from haiti to yemen.
. an attorney says it's worth more than $1 billion, the largest settlement in u.s. history. toyota recalled 14 million vehicles world wide, because of acceleration problems in several models and brake defect was the prius. a judge must approve this settlem% despite recalls toyota said set to overtake general motors toyota lost the top spot in 2011 when sales were hit by the earthquake and tsunami. >> holidays gave less than stellar sales to retailer autos cory johnson joins with us your bloomberg after the bell report. cory? >> hi, good after the. online brick and mortar companies not feeling too cheery this day after christmas. numbers show that growth is slowing according to mastercard advisor spending pulse. yes that is the name of the seven-tenths of a percent this year. mastercard has online sales rose 8.4% to $48 billion we havewell off last year's rate of growth. not all predictions says the sales should rise 16% this holiday season. that compares to 15% last year kÑ come core, ibm says online sales on christmas day grew 22% up from 60% growth rate last year. shares of research in mot
member of the u.s. senate. keep in mind fox news has learned now on his death bed senator inouye had requested that a different lawmaker, a hawaii congresswoman take his place. he named his replacer. senator inouye died in washington, d.c. after suffering from breathing problems. as you know we reported here on fox news he represented hawaii since it became a state back in 1959. he also won the middle of honor during world war ii. and that's when a grenade blast blew off most of his right arm. president obama attending a memorial service for the late senator in honolulu over the weekend. the first numbers from the holiday shopping season are in. and they are not good. the worse since 2008, in fact, a master card spending pulse report. finding holiday retail sales rose by less than 1% from last june. that's barely moving. most analysts had predicted a 3% to 4% increase. even online sales which had been growing slowed down dramatically. experts blamed several factors including worries fiscal cliff. the bad weather definitely played a role as well. especially super storm sandy, whatever
as if the u.s. government would not pay interest on its debts. have -- you know perfectly well will is about a million things. i have been in the country where they ran out of borrowing capacity and managed important several years to survive without that borrowing capacity. there's a million things you can do before. you don't pay your debt on the u.s. treasuries before you stop paying social security, before you do lots of other things. is he purposefully trying to elevate this to a situation that frightens people? >> in many ways -- this is like the mayan calendar. they said the world would end december 21. we are all still here. the fiscal cliff negotiations and the debts limit thing are not the end of the world and we will figure it out. the most important thing to keep in mind is long term. we want to have a healthy fiscal situation. we have to have a healthy economy. we have to address growth. here's something else that is -- totally missing from this conversation. >> jimmy? >> understand that the executive branch is required under federal law to notify the legislative branch that, fac
pack is unstable. >> every day sierra avalanche center as well as u.s. forest service and individual ski resorts have been sending out people to inspect for dangers before the day opened. advise is educate yourself go. with a partner, at this point the center saying that the danger is considerable, and tree lined and below, especially on steep slopes facing to the north, and to the east and in other areas there is a moderate ranger of avalanches. live in truckee, abc 7 news. >> john, thank you very much. >> rainfall totals from storms. sandhya? >> looking at live doppler 7 we're seeing isolated showers at this hour, just southeast, you can see light returns here. heading down towards hills, still a pop up shower showing up, rainfall in last 12 hours, san francisco more than an inch. 63 in santa rosa. towards east bay, oakland close to an inch there. san jose, 61/100ths6 rain. you're going get a chance to dry out. break is coming up but another storm will be returning. i'll let you know timing of the storm and a look at your new year's eve forecast coming up. >> days of rain taking a
. mary thompson is at the big doi. the dow staged and pulled lower today by u.s. senator harry reid and the idea that the markets would send the markets higher in late trading and even though the gains latt in the kay were trimmed. mitch wok nell tock to the fleb vp strategy. the weaker performers were financial, materials as well as utilities among the sectors offsetting late-day games we saw in discretionary and staple stocks low on initial consumer sentiment and the cliff. home builders today finished something very good. november home sales for strong continue once again. of course, now all eyes to this weekend to see what hang will done about the cliff. back to you. >> if, at all. thank you, mary. housing is clicking on all cylinders right now. home prices up nearly 7 boston this year making it the first yearly gain we've seen in housing six 2006. that's unbelievable. >> it is unbelievable. >> look the november numbers. 14.5% jump in existing home sales. mary mentioned the 15% increase in new home sales. mortgage rates still close to all-time lows right now. >> with all that po
makes bail she must have an alcohol detecting device placed on her body and stop driving. >>> a u.s. postal work fresh san bruno under arrest for stealing thousands of pieces of mail and using stolen credit cards. the police say that romeo natan stashed bags of mail in his home to find unused credit cards. he was cause outing credit cards and accused of giving others to friends. he faces up to seven years in prison for identity theft and possession of stolen property. >>> coming up, a deadly snowstorm that pounded the midwest is is on the move tonight. the latest on its path. >>> and dramatic images as nearly three dozen tornadoes tear up parts of the south. you will hear from a woman who found herself trapped in the middle of the storm. >>> also a story of bad luck that turned into good fortune and a >>> much of the nation is still realing from a powerful storm that has left some of the midwest under whiteout conditions and sparked dozens of tornadoes in the southeast. >> he, my god, we need to go. we need to hour arer hurry up t past here. >> it struck christmas night in texas, al
. doctors saying the oldest living former u.s. president now moved into the spencive care unit after what they call a series of setbacks. they're adding that they are cautiously optimistic about his recovery. >>> hawaii's lieutenant governor brian schatz tapped to fill the seat of the late senator daniel inn way. -- inouye. he had named a congresswoman to preplace him on his death bed, that was his wish. the governor said he made his decisions in the best interests of his party. and second time's a charm, a new poll shows 46% of americans believe the president's job performance will improve in his second term. 22% are preparing for things to get worse, they say. harris: in the country where the government is killing its own citizens, new violence we're learning about in syria. anti-government rebel fighters attacking a government base, and we are learning the international envoy seeking a solution to in this 21-month-old conflict is saying political change is needed immediately to end the violence which has already killed an estimated 44,000 people. leland vittert live for us from our mid
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awaiting the results of fiscal cliff negotiations in washington. u.s. stock futures pretty flat this morning indicating that markets will open little change today. stocks could take a big hit next week if congress does not make a decision in time. that, of course, adding to concerns, treasury secretary geithner also warned congress in a letter yesterday that we will reach the nation's debt ceiling on monday. that's when the government reaches its legal borrowing limit. treasury can delay a debt crisis for a couple of weeks until february or march using emergency measures to keep the government operating until congress acts to fix this problem, too. >>> big news from toyota. they are announcing a record $1.1 billion settlement over that unintended accelerator issue which they say does not exist. toyota has always said it's been floor malts, stuck gas pedals and operator error but they're going to settle these cases to put it behind them. the bulk of the money will go to its customers past and present. they will install brake override systems for all vehicles identified by toyota
Search Results 0 to 13 of about 14 (some duplicates have been removed)